As crypto-related frauds continue to rise in scale and sophistication, the need for the legal industry to respond to cases robustly and effectively in this new area requires a joint approach that provides victims of fraud with the best possible means of redress. The ‘Crypto Fraud and Asset Recovery’ network will bring together some of the world's leading names in crypto fraud investigations and asset recovery. These professionals include lawyers, barristers and forensic accountants as well as corporate intelligence and asset recovery professionals. Through meeting regularly to discuss their practical experiences, the group will develop best practises for this rapidly evolving sector. By building the knowledge and experience in this area throughout the legal community, the UK and common law jurisdictions will be placed at the forefront of global crypto dispute resolution. The group aims to become a valuable resource for sensible advice in relation to crypto fraud and asset recover...

On the 10th August, Asset Reality and the Cyber Resilience Centre for Wales will be hosting a panel discussion about staying safe online in the world of crypto. The Cyber Resilience Centre for Wales (WCRC) was founded in November 2020 to provide cybersecurity services for welsh businesses. They assist businesses and their staff to put in place the right strategies to respond to any incidents efficiently and mitigate any potential damage a cyber-attack could create. They work closely with staff to build their cyber awareness, understand the latest cyber threats and secure the business's online environment.  According to the consumer body Which? “Consumers have been conned out of more than £2.3bn in the space of a year after a ‘devastating surge’ in scams as fraudsters exploited the pandemic.” A growing number of these are easily avoidable crypto-related scams, reporting over £113 million of damages. Despite their best efforts, law enforcement is struggling to cope with the sheer vol...